Wednesday, 27 Nov, 2024

Business

High-fare taxicab from Apr 14

DHAKA: A handful number of new taxicabs will begin plying on the city thoroughfares from Pahela Baishakh (April 14) with an excessive fare that would usually remain out of general peoples’ ability to ride.Ministry of Communication in coordination with Bangladesh Road Transport Authority

Stocks witness gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over nine points to stand at 4508 at the close on the last trading day of the week.Trade deals stood at 78330 with transaction at Tk 2999

Nissan recalls 990,000 cars

DHAKA: Japanese automaker Nissan is recalling nearly a million of its vehicles in North America over a defect that could cause the front passenger airbag not to deploy in an accident.The recall includes the 2013 and 2014 models of several of its cars and SUVs, including the latest

Malaysia Airlines, Boeing face $1.9 billion lawsuit

DHAKA: Family members of the victims of the ill-fated Flight MH370 are filing a RM4.95 billion suit for compensation, against Boeing and Malaysia Airlines.Chicago-based firm Ribbeck Law Chartered, who is acting on behalf of the family members, has started proceedings by filing a petition

Samsung Galaxy Tab 3 on ‘Bikroy’

DHAKA: Bikroy.com, one of the leading online market, offers its sellers the chance to win a Samsung Galaxy Tab3 in every week from March 26 to April 15 this year.Sellers may win this attractive Tablet PC by posting free advertisement of used home appliances and liking the Facebookfanpage

Conditions to be met for GSP by Mar 31

DHAKA: Commerce Minister Tofail Ahmed on Tuesday categorically said the government is sincerely working for regaining Generalized System of Preferences (GSP) in the US market.The ruling Awami League lawmaker also claimed that the all the conditions given by the USA would be fulfilled by

Toyota India hires contract workers

DHAKA: Japan’s Toyota said on Tuesday it has hired 1,000 contract workers to help restart production, after its employees refused to return to work following an end to a eight-day company lockout.The Toyota workers and its management at two plants near the southern high-tech city of

Bourses see fall Monday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The Dhaka Stocks Exchange board index, DSEX, shed over 53 points to stand at 4,466 at the close on the second trading day of the week.Trade deals stood at 80,946 with transaction at Tk

Stocks end lower Sunday

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday.The DSE board index shed over 39 points to stand at 4,519 at the close on the first trading day of the week.Trade deals stood at 70,970with transaction at Tk 2,434 million.     Of the

HBRI team visits Bashundhara Cement Factory in N’ganj

NARAYANGANJ: A delegation of Housing and Building Research Institute (HBRI) visited the Bashundhara Cement Factory in Narayanganj Saturday.The delegation praised for using the most modern technology in producing cement and asked the authorities concerned in ensuring the quality

Reliance celebrates 25th Anniv

DHAKA: Reliance Insurance Limited, on of the leading insurance companies of the country, celebrated its 25th anniversary at a city hotel.The program began with the silver jubilee theme song presented by renowned vocalists of the country, Bappa Majumder and Fahmida Nabi.A befitting Silver

REHAB Fair begins in city

DHAKA: The annual fair of Real Estate and Housing Association of Bangladesh (REHAB) began on Thursday morning with participations of 155 organizations.State minister for power, energy and mineral resources Nasrul Hamid inaugurated the five-day fair at Bangabandhu International Conference

Banglalink offers spl internet bonus

DHAKA: Banglalink, one of the leading mobile phone operators in the country, announced a special Internet bonus offer for its customers on the occasion of Independence Day, said a press release.All the prepaid and call & control subscribers would enjoy free access to certain data services

Bourses see gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 39 points to stand at 4,558 at the close on the last trading day of the week.Trade deals stood at 82,182 with transaction at Tk 2,776

Now power plant under JV with China

DHAKA: Bangladesh is going to build a coal-based power plant under joint venture with China after such an initiative with neighboring India on Rampal Coal-based power plant project.A memorandum of understanding (MoU) was signed between state-owned North-West Power Generation Company

Emirates extends sponsorship of New York Cosmos

DHAKA: Emirates will sponsor the New York Cosmos for a further two years in a deal announced at Emirates headquarters in Dubai recently.Footballing superstar Pelé, who is Honorary President of the club, was present for the announcement at a packed press conference.Although Emirates’

Bourses see fall Wednesday

DHAKA:  Country’s stock market marked fall in its price indices on Wednesday.The Dhaka Stock Exchange (DSE) board index shed over 35 points only to stand at 4,519 at the close on the fourth trading day of the week.Trade deals stood at 96,975 with volume of transactions at Tk 3,380

Japanese car giants team up on green engines

DHAKA: Japan’s eight carmakers have joined forces to develop environmentally friendly engines to stave off fierce competition from foreign rivals. A press report said Sunday, according to The Straits Times. Two of Japan’s leading universities will join Toyota, Honda, Nissan, Suzuki,

Western Union service on Singer outlets

DHAKA: The Western Union Company, Singer Bangladesh Limited and Bank Asia Limited came under an agreement to provide money transfer service at 371 Singer outlets across the country. Following the services anyone can withdraw the sent money from 200 counties to Singer Mega and Singer Plus

Apple 'in talks' to buy Beats for $3.2bn

DHAKA: Technology giant Apple is in talks to buy headphone maker and music-streaming service provider Beats Electronics, according to various media reports.The reports claim Apple could pay as much as $3.2bn (£1.9bn) and a deal could be announced next week.If completed, it will be